Coinbase Joins the Billion-Dollar Lending Club — Growth or Brewing Risk?

Coinbase. Photo by BeInCrypto Coinbase hit a major milestone in its decentralized finance (DeFi) push, surpassing $1 billion in on-chain loan originations. However, this milestone raises concerns that sudden market swings could trigger forced liquidations. Coinbase’s Bitcoin Loans Cross $1 Billion in Originations According to Dune Analytics data, Coinbase’s on-chain borrow originations now total $1.003 billion, with $1.449 billion in collateral locked. Coinbase On-chain Borrow Originations. Source: Dun ...